Deadlocked on their refusals to compromise on recommendations for cutting the government deficit, both Republican and Democrat members of the Super Committee have admitted defeat.
Second District Democrat Representative Joe Donnelly was asked about that failure.
“They were not able to get enough movement on the revenue side,” said Donnelly. “We had significant cuts and we had enough to actually get into the neighborhood of the $3 trillion deficit reduction, but we could not get our friends to agree to a package that figured out how to increase revenue.”
The Democrat members refused to cut entitlement programs like Social Security and Medicare. The Republicans refused to increase taxes.
